Ministry of Transport and Logistics Services: KSA Logistics sector market size to grow to 57.4 billion SAR by 2030

RIYADH, Saudi Arabia, May 24, 2023 /PRNewswire/ — In line with the Vision 2030 objective of transforming the Kingdom into a leading industrial powerhouse and global logistics hub, the Ministry of Transport & Logistics Services (MOTLS) has laid out an ambitious strategy that aims to develop the Kingdom’s transport & logistics sector and address the… Continue reading Ministry of Transport and Logistics Services: KSA Logistics sector market size to grow to 57.4 billion SAR by 2030

Aircraft Gearbox Market Size, Share, Trends, And Competitor Analysis 2023-2032 – By The Business Research Company

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON, May 24, 2023 /PRNewswire/ — As per The Business Research Company’s Aircraft Gearbox Global Market Report 2023, the global aircraft gearbox market size will grow from $2.9 billion in 2022 to… Continue reading Aircraft Gearbox Market Size, Share, Trends, And Competitor Analysis 2023-2032 – By The Business Research Company

Driving the Future: How Generative AI is Transforming the Automotive Industry

LONDON, May 25, 2023 /PRNewswire/ — In a groundbreaking development, Generative AI has emerged as a transformative force within the automotive industry, revolutionizing the way vehicles are designed, manufactured, and experienced. A recent article by Sarwant Singh, President (Europe) and Chief Commercial Officer, MarketsandMarkets™, published on Forbes.com, explores the various use cases of Generative AI… Continue reading Driving the Future: How Generative AI is Transforming the Automotive Industry

BPCL signs MoU with Speed Force for co-branded 2-wheeler garages

These garages will exclusively offer the MAK range of products for two-wheeler servicing, ensuring the use of high-quality lubricants. New Delhi: Bharat Petroleum Corporation Limited (BPCL), a leading player in the oil and gas industry, has announced its strategic partnership with Speed Force (A Ready Assist Company), India’s largest chain of multi-brand two-wheeler franchise, to… Continue reading BPCL signs MoU with Speed Force for co-branded 2-wheeler garages

Delux Bearings, Ravi Technoforge and NHB among 19 Schaeffler Supplier Award winners

Global automotive and industrial supplier Schaeffler has presented 19 of its suppliers with the Schaeffler Supplier Award at the Supplier Day in Herzogenaurach, Germany, in honour of their exceptional performance. Three of the 19 winning component suppliers are Indian companies – the Mumbai-based Delux Bearings, Gujarat-headquartered Ravi Technoforge and NHB Ball & Roller, also based… Continue reading Delux Bearings, Ravi Technoforge and NHB among 19 Schaeffler Supplier Award winners

Delux Bearings, Ravi Technoforge and NHB among 19 Schaeffler Supplier Award winners

Global automotive and industrial supplier Schaeffler has presented 19 of its suppliers with the Schaeffler Supplier Award at the Supplier Day in Herzogenaurach, Germany, in honour of their exceptional performance. Three of the 19 winning component suppliers are Indian companies – the Mumbai-based Delux Bearings, Gujarat-headquartered Ravi Technoforge and NHB Ball & Roller, also based… Continue reading Delux Bearings, Ravi Technoforge and NHB among 19 Schaeffler Supplier Award winners

Bestfly Completes Acquisition of MS Aviation as Part of European Expansion Strategy

GENEVA, May 24, 2023 /PRNewswire/ — Earlier today, Bestfly announced the completion of the acquisition of Austria-based MS Aviation as part of its broader European expansion strategy.  MS Aviation is an aircraft asset management company based in Austria offering end-to-end support solutions for various aircraft types.  As part of the acquisition by Bestfly, MS Aviation… Continue reading Bestfly Completes Acquisition of MS Aviation as Part of European Expansion Strategy

CELULARITY ANNOUNCES $45 MILLION PURCHASE ORDER, FIRST MIDDLE EAST PRIVATE LABEL AGREEMENT FOR CELULARITY’S HALAL-CERTIFIED BIOMATERIAL PRODUCTS

Builds on Celularity’s December 2022 announcement of Halal Certification of its commercial-stage biomaterial products, and clinical and investigational stage cellular therapeutic programs Marks an important first step in Celularity’s expansion strategy into the Middle East with a priority focus on the GCC In line with Celularity’s mission to deliver cutting-edge biomaterial products that are manufactured… Continue reading CELULARITY ANNOUNCES $45 MILLION PURCHASE ORDER, FIRST MIDDLE EAST PRIVATE LABEL AGREEMENT FOR CELULARITY’S HALAL-CERTIFIED BIOMATERIAL PRODUCTS

Third Party Logistics Market Zooms Towards Billion-Dollar Valuation: Estimated to Reach USD 2.26 Billion by 2030: Verified Market Research®

The “Global Third Party Logistics Market Size By Mode of Transport (Roadways, Railways, Waterways), By Service Type (Dedicated Contract Carriage (DCC), Domestic Transportation Management, International Transportation Management), By Geographic Scope & Forecast, 2023-2030” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Third Party Logistics Market, including… Continue reading Third Party Logistics Market Zooms Towards Billion-Dollar Valuation: Estimated to Reach USD 2.26 Billion by 2030: Verified Market Research®

Boom Supersonic and Dimensional Energy Announce Sustainable Aviation Fuel Offtake Agreement

Boom furthers net zero carbon commitment with purchase of 5 million gallons of SAF per year made from captured carbon emissions DENVER, May 23, 2023 /PRNewswire/ — Boom Supersonic, the company building the world’s fastest airliner, announced today it has signed a sustainable aviation fuel (SAF) offtake agreement with Dimensional Energy, which produces carbon neutral… Continue reading Boom Supersonic and Dimensional Energy Announce Sustainable Aviation Fuel Offtake Agreement